CPPA seeks 44 paisa per unit hike in power price

ISLAMABAD: The Central Power Purchasing Agency (CPPA) has sought from National Electric Power Regulatory Authority (NEPRA) to approve Rs0.44 per unit power tariff hike on account of fuel price adjustment for the month of September 2018.

Pursuant to Section 31(7) of the National Electric Power Regulatory Authority (NEPRA) Act and the mechanism for monthly fuel price adjustment prescribed by the authority in the tariff determination of distribution companies (DISCOs), CPPA has sought the adjustment for the month of September 2018, NEPRA said in a statement on Wednesday.

In order to deliberate upon the adjustment, the authority has called a hearing to consider the proposed adjustment on October 24 (Wednesday) at the NEPRA headquarter, Islamabad. “All the interested/affected parties are invited to raise written/oral objections as permissible under the law at the public hearing,” NEPRA stated.

The authority said that based on the information provided by the CPPA, the actual fuel charges determined by the NEPRA for DISCOs were different from the reference charges that surfaced during the month of September.

According to CPPA, electricity generated through hydel source of generation was 4,279.50GWh with no cost, electricity generated through coal was 1,149.17GWh at the cost of Rs6.4850 per kWh, high speed diesel 1.93GWh at Rs12.0496/kWh, residual fuel oil 1,024.88GWh at the cost of Rs15.56/kWh, gas 1,980.34GWh at cost of Rs4.8536, re-gasified liquefied natural gas 2,847.33GWh at the cost of Rs9.9327/kWh, nuclear 681.93GWh at Rs9693/kWh, Iranian import 47.07GWh at Rs11.5709/unit, mixed sources 53.21GWh at Rs6.8477/kWh, wind 342.35GWh with no cost, baggasse 79.97GWh at Rs6.2089/kWh, and solar source of generation was 64.38GWh without spending any single penny.

Total energy generated during September 2018 was 12,082.07GWh at the total cost of Rs63, 383.92 million and average cost of every single unit of electricity generated was registered at Rs5.0497/kWh. Previous adjustment was Rs4,251.14 million and per kilowatt cost was Rs0.3387. Net electricity delivered to DISCOs was 12,082.07GWh at Rs67,249.71million while per kilowhatt hours cost remained at Rs5.5661 kWh.

On the basis of the above-mentioned date, increase of Rs0.4444/kWh over the reference fuel charges i-e, Rs5.1217/kWh has been proposed by CPPA for the month of September, 2018, said NEPRA.